PPP Loan information for Somerset holdings, llc

$166,898

Somerset holdings, llc was initially approved for PPP Loan of amount $65,408, the current approved amount is $166,898. The loan was approved on 04/08/2020 by The Machias Savings Bank reported 78 jobs and $166,898 was used to fund payroll.

Somerset holdings, llc is Existing or more than 2 years old

SOMERSET HOLDINGS, LLC

Date Approved

04/08/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

SOMERSET HOLDINGS, LLC

Borrower Address

11 Somerset Lane

Borrower City

SMITHFIELD

Borrower State

ME

Borrower Zip

04978-3170

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65408.00

Current Approval Amount

166898.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29760

Servicing Lender Name

Machias Savings Bank

Servicing Lender Address

4 Center St

Servicing Lender City

MACHIAS

Servicing Lender State

ME

Servicing Lender Zip

04654-1110

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMITHFIELD

Project County Name

SOMERSET

Project State

ME

Project Zip

04978-3170

CD

ME-02

Jobs Reported

78

NAICS Code

721214

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

166898.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

29760

Originating Lender

Machias Savings Bank

Originating Lender City

MACHIAS

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

168553.07

Forgiveness Date

04/12/2021

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